We blogged earlier this year about Intel and Microsoft being joined arm in arm in a long death march. So it should come as now schock that leadership changes are in order.
According to the latest available proxy statement, Steve Ballmer, CEO of Microsoft, holds a beneficial interest in 333,250.990 shares of the company. Upon Ballmer's announcement of his retirement decision earlier today, to occur sometime within the next year, Microsoft's stock surged seven percent or $2.25 a share. That translates into a tidy $750 million gain for the Microsoft insider -- a heckuva thick pad from the blow of the ownership wanting the guy out so badly.
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